๐จ๐จ๐จ JUST IN: ๐ท๐บ Russia says ditching the US Dollar for trade settlements is a top priority in 2024.
@Fin_Watch
@Fin_Watch
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๐จ๐จ๐จ Layoff announcements in 2024:
- PayPal cuts 9% of workforce (TODAY!)
- UPS cuts +12,000 roles (TODAY!)
- Microsoft cuts +1,900 roles
- Twitch cuts 35% of workforce
- Unity Software 25%
- Brex 20%
- Discord 17%
- Wayfair 13%
- Riot Games 11%
- Duolingo 10%
- Rent the Runway 10%
- eBay 9%
- Blackrock 3%
- Citigroug cuts 20,000 roles
- Google cuts +1,000
- Amazon cuts several hundred roles
@Fin_Watch
- PayPal cuts 9% of workforce (TODAY!)
- UPS cuts +12,000 roles (TODAY!)
- Microsoft cuts +1,900 roles
- Twitch cuts 35% of workforce
- Unity Software 25%
- Brex 20%
- Discord 17%
- Wayfair 13%
- Riot Games 11%
- Duolingo 10%
- Rent the Runway 10%
- eBay 9%
- Blackrock 3%
- Citigroug cuts 20,000 roles
- Google cuts +1,000
- Amazon cuts several hundred roles
@Fin_Watch
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๐ World Indices :
SPX - 4,924.97 (-0.06%)
๐ Cryptocurrencies :
Bitcoin USD - 42,754.31 (-1.25%)
Ethereum USD - 2,309.95 (0.14%)
๐ Commodities :
Gold - 2,059.50 (0.42%)
Crude - 77.23 (-0.76%)
Silver - 23.25 (0.13%)
@Fin_Watch
SPX - 4,924.97 (-0.06%)
๐ Cryptocurrencies :
Bitcoin USD - 42,754.31 (-1.25%)
Ethereum USD - 2,309.95 (0.14%)
๐ Commodities :
Gold - 2,059.50 (0.42%)
Crude - 77.23 (-0.76%)
Silver - 23.25 (0.13%)
@Fin_Watch
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1. Fed leaves rates unchanged for 4th straight meeting
2. Fed does not expect rate cuts until "greater confidence" inflation is moving to 2%
3. "Highly attentive" to inflation risks with economic uncertainty
4. Job gains have moderated but remain strong
5. Upcoming policy will be based on incoming data
6. Fed sees evolving outlook while balancing risks
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๐บ๐ธ US Regional Bank Stocks Today:
1. NY Community Bank, $NYCB: -37%
2. Valley National Bank, $VLY: - 6%
3. HarborOne, $HONE: -4%
4. HomeStreet, $HMST: -4%
5. Zions Bank, $ZION: -4%
6. Comerica Bank, $CMA: -3%
7. Metropolitan Bank, $MCB: -3%
8. Citizens Financial, $CFG: -3%
9. Western Alliance, $WAL: -3%
This comes after New York Community bank, which acquired the collapsed Signature Bank, cut their dividend by 70%.
They also posted a quarterly LOSS of $260 million while a $250 million GAIN was expected.
@Fin_Watch
1. NY Community Bank, $NYCB: -37%
2. Valley National Bank, $VLY: - 6%
3. HarborOne, $HONE: -4%
4. HomeStreet, $HMST: -4%
5. Zions Bank, $ZION: -4%
6. Comerica Bank, $CMA: -3%
7. Metropolitan Bank, $MCB: -3%
8. Citizens Financial, $CFG: -3%
9. Western Alliance, $WAL: -3%
This comes after New York Community bank, which acquired the collapsed Signature Bank, cut their dividend by 70%.
They also posted a quarterly LOSS of $260 million while a $250 million GAIN was expected.
@Fin_Watch
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๐ฅ ๐ช๐ฌ Egypt, ๐ช๐น Ethiopia, ๐ฎ๐ท Iran, ๐ธ๐ฆ Saudi Arabia and ๐ฆ๐ช the United Arab Emirates have confirmed they are joining BRICS - Reuters
@Fin_Watch | link
@Fin_Watch | link
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๐ World Indices :
SPX - 4,845.65 (-1.61%)
๐ Cryptocurrencies :
Bitcoin USD - 42,200.44 (-1.3%)
Ethereum USD - 2,270.93 (-1.69%)
๐ Commodities :
Silver - 22.74 (-1.85%)
Gold - 2,058.00 (-0.45%)
Crude - 76.55 (0.92%)
@Fin_Watch
SPX - 4,845.65 (-1.61%)
๐ Cryptocurrencies :
Bitcoin USD - 42,200.44 (-1.3%)
Ethereum USD - 2,270.93 (-1.69%)
๐ Commodities :
Silver - 22.74 (-1.85%)
Gold - 2,058.00 (-0.45%)
Crude - 76.55 (0.92%)
@Fin_Watch
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๐ฏ๐ต Japanโs retail investors are pouring money into ๐ฎ๐ณ Indian stocks amid bets the nation will be the next China
@Fin_Watch
@Fin_Watch
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๐ World Indices :
SPX - 4,906.19 (1.25%)
๐ Cryptocurrencies :
Bitcoin USD - 42,600.64 (0.95%)
Ethereum USD - 2,288.92 (0.79%)
๐ Commodities :
Silver - 22.710 (-2.26%)
Crude - 73.44 (-0.51%)
Gold - 2,049.20 (-1.06%)
@Fin_Watch
SPX - 4,906.19 (1.25%)
๐ Cryptocurrencies :
Bitcoin USD - 42,600.64 (0.95%)
Ethereum USD - 2,288.92 (0.79%)
๐ Commodities :
Silver - 22.710 (-2.26%)
Crude - 73.44 (-0.51%)
Gold - 2,049.20 (-1.06%)
@Fin_Watch
๐ฃ Facebook $META last night declared a quarterly dividend for the first time ever in its history
Mark Zuckerberg will now receive ~$700 Million per year from just dividends on his $META shares
@Fin_Watch | link
Mark Zuckerberg will now receive ~$700 Million per year from just dividends on his $META shares
@Fin_Watch | link
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This breaks Apple's previous record of a $191 billion gain on November 10th, 2022.
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BREAKING ๐จ: Chinese Stocks
Chinese Stocks have fallen and they can't get up as prices hit their lowest level in 5 years. The CSI 300 is now down more than 7% this year.
@Fin_Watch
Chinese Stocks have fallen and they can't get up as prices hit their lowest level in 5 years. The CSI 300 is now down more than 7% this year.
@Fin_Watch
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๐บ๐ธ Former President Trump says he will fire FED Chair Jerome Powell if elected in 2024
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